There is one big reason why China won't ban the Apple iPhone

The U.S.-China trade war is one of tit for tat. Revenge and retaliation are at the heart of this ever-escalating battle. For example, last ...

The U.S.-China trade war is one of tit for tat. Revenge and retaliation are at the heart of this ever-escalating battle. For example, last week the U.S. raised the tariffs on $250 billion worth of Chinese imports from 10% to 25%. China quickly added tariffs on $60 billion of U.S. exports. Now that the U.S. has put Huawei on the brink, what is to stop the Chinese government from instituting a ban on Apple in the country?

Securities firm Goldman Sachs thought that the idea of a Chinese ban on the iPhone was serious enough to crunch some numbers over. Goldman analysts, ...

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